eBay plans roughly 1,000 job cuts to focus on faster-growing areas

First reported by New York Post at · Updated · 3 sources

CEO Jamie Iannone told employees the online marketplace wants to direct resources toward its fastest-growing areas. The layoffs represent about 9% of its workforce and mark its second round of cuts this year. The company previously cut 800 jobs in February, according to The Next Web.

  • eBay reports results on October 28, according to The Next Web.

Covered by 3 publishers within 1 hour of the first report.

Reporting3

New York Post EBay to ax 9% of workforce — 1,000 jobs — in second round of cuts this year · Reuters
The Next Web eBay to cut 9% of its staff, its second round of layoffs this year · Alina Maria Stan
CTech “Our strategy is working,” says eBay CEO, as he announces layoffs